Issue link: https://nebusinessmedia.uberflip.com/i/848251
104 Worcester Business Journal | Book of Lists 2017 | wbjournal.com 19 Choice Insurance Agency Inc. 376 Summer St., Fitchburg 01420 978-343-4853 •www.choice-insurance.com 4 10 DND Brian Allain president 1992 20 George E. McKenna Insurance Agency Inc. 4 Pleasant St., Leicester 01524 508-892-8133 •www.mckennainsurance.com 3 2 $650,000 Steven Corley president & treasurer 1928 21 Coonan Insurance Agency Inc. 267 Main St., Oxford 01540 508-987-7122 •www.coonaninsurance.com 2 5 $5 million Thomas Coonan president Linda Coonan VP, secretary & treasurer 2001 Source: Each agency via survey Note: Traina & Traina Insurance Agency Inc. did not respond to the survey. DND = Did Not Disclose. 1 A producer is a person licensed to sell insurance in a particular state. 2 Formerly Benefit Development Group Inc. 3 Providence, R.I.-based Starkweather & Shepley Insurance Brokerage Inc. acquired McGrath Insurance Group in January 2017. 4 Year McGrath Insurance Group Inc. founded 5 Formerly known as Protector Group Insurance Agency, a Marsh & McLennan Agency Co. 6 Year Protector Group Insurance Agency founded 7 Opened an additional office in Westford in April 2017 - Compiled by: Stephanie R. Meagher, smeagher@nebusinessmedia.com Top insurance agencies Ranked by number of producers 1 Name Number of producers Number of professional staff Annual premium revenue range Principal/owner Year founded 1 Eastern Insurance Group LLC 233 W. Central St., Natick 01760 508-651-7700 • easterninsurance.com 70 360 $760 million Hope Aldrich president & CEO 1936 2 Risk Strategies Co. 2 446 Main St., 14th Floor, Worcester 02110 508-798-0893 • www.benefitdevelopmentgroup.com 60 1,000 $225 million Michael Christian CEO 1997 3 McGrath Insurance Group Inc. 3 258 Main St., Sturbridge 01566 508-347-6850 • www.mcgrathinsurance.com 50 185 $425 million Larry Keefe chairman & CEO 1927 4 4 Braley Wellington Group 44 Park Ave., P.O. Box 15127, Worcester 01615 508-754-7255 • www.braleywellingtongroup.com 34 34 $33 million Parker Wellington Jr. president & CEO 1972 5 Marsh & McLennan Agency 5 100 Front St., Suite 800, Worcester 01608 508-852-8500 • www.MMA-NE.com 32 172 DND Jerry Alderman president, New England Region, property & casualty 1928 6 6 Sullivan Insurance Group 1 Mercantile St., Worcester 01608 508-791-2241 • www.sullivangroup.com 22 35 DND John T. Andreoli president & CEO 1957 7 Insurance Marketing Agencies Inc. 306 Main St., Worcester 01608 508-753-7233 • www.imaagency.com 21 32 $60 million Peter H. Herman president 1924 8 G.M. Abodeely Insurance Agency Inc. 135 Thompson Road, Webster 01570 508-366-1535 • www.abodeely.com 20 25 DND William J. Abodeely president 1940 9 Corporate Benefit Plans/RetirementAdvisers.net 546 Main St., Worcester 01608 800-417-6353 • www.corporatebenefitplans.com 18 4 $50 million Greg Lavelle president & CEO 1995 10 Murphy Insurance Agency 50 Main St., Hudson 01749 800-222-8711 • www.dfmurphy.com 17 70 DND Dennis F. Murphy Jr. CEO 1937 11 Northeast Insurance Agency Inc. 567 Southbridge St., Auburn 01501 508-832-0404 • www.neinsure.com 15 49 $39 million Scott Bulger president 1989 12 AXiA Insurance Services Inc. 2 Evergreen Lane, Suite J, Hopedale 01747 508-259-5585 • www.axiagroup.net 14 25 DND Michael Long CEO 2001 13 Insurance Center of New England 7 90 Parker St., Gardner 01440 978-632-3400 • www.icne.com 10 50 DND William Trudeau president & CEO 1866 14 Thomas J. Woods Insurance Agency Inc. 20 Park Ave., Worcester 01605 508-755-5944 • www.woodsinsurance.com 8 12 DND Jack Woods president 1949 15 Herlihy Insurance Group 51 Pullman St., Worcester 01606 508-756-5159 • www.herlihygroup.com 7 25 $22 million James Herlihy III president 1927 16 Gaudette Insurance Agency Inc. 1 Plummers Corner, Whitinsville 01588 508-234-6333 • www.gaudette-insurance.com 6 29 More than $20 million Lee Gaudette president 1926 16 Wolpert Insurance Agency Inc. 18 John St. Place, Worcester 01609 508-459-4700 • www.wolpert.com 6 15 $30 million Michael Wolpert president 1956 18 Gallant Insurance Agency Inc. 199 Great Road, P.O. Box 975, Acton 01720 978-263-3500 • www.gallantins.com 5 22 DND Ray Gallant president 1927 F O C U S P R O F E S S I O N A L S E R V I C E S Top accounting firms Ranked by number of local staff as of April 2017 Firm Local staff/ total staff Local CPAs/ total CPAs Local offices/ total offices No. of partners Managing partner(s) Year founded 1 AAFCPAs * 21 E. Main St., Westborough 01581 508-366-9100 • www.aafcpa.com 100 180 32 59 1 3 24 Carla M. McCall David P. McManus co-managing partners 1973 2 Greenberg, Rosenblatt, Kull & Bitsoli PC 306 Main St., Suite 400, Worcester 01608 508-791-0901 • www.grkb.com 40 40 28 28 1 1 7 Norman Bitsoli president 1921 3 Bollus Lynch LLP 89 Shrewsbury St., Worcester 01604 508-755-7107 • www.bolluslynch.com 37 37 23 23 2 2 8 Michael J. Bollus managing partner 1989 3 Stowe & Degon LLC 95A Turnpike Road, Westborough 01581 508-983-6700 • stowedegon.com 37 37 28 28 2 2 7 Michael D. Stowe David C. Degon co-managing partners 1997 5 Grant Thornton LLP 1400 Computer Drive, Westborough 01581 508-926-2200 • www.grantthornton.com 36 8,495 16 2,332 1 59 594 ** David Platt managing partner 1924 6 Shepherd & Goldstein LLP 100 Front St., 16th Floor, Worcester 01608 508-757-3311 • www.sgllp.com 28 28 16 16 3 4 6 Terence Shepherd managing partner 1980 7 Robert C. Alario CPA PC *** 75 N. Main St., Leominster 01453 978-534-1999 • www.robertalario.com 22 22 7 7 3 3 2 Karen J. Spinelli president 1954 8 Paresky Flitt & Co. LLP 14 W. Plain St., Wayland 01778 508-650-1122 • www.pareskyflitt.com 21 21 16 16 1 1 5 Lee D. Paresky managing partner & founder Howard M. Flitt founder 1987 9 O'Connor, Maloney & Co. PC 446 Main St., Worcester 01608 19 12 1 5 Donald O. Maloney Jr. 1962 National enrollment trends for CPA candidates CPA Candidates 1993-94 1994-95 1995-96 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04 2006-07 2007-08 2009-10 2011-12 2013-14 210,319 213,770 192,330 149,810 143,670 152,345 154,510 168,620 170,110 203,368 212,834 226,108 240,379 253,082